Objective
In the last four decades, China, has experienced exceptional economic growth; its share of global GDP has increased from less than 4% in 1978 to about 20% in 2015. This record growth has moved China from a relatively poor, underdeveloped country to the world’s leading emerging economy. However, due to the lack of national balance sheet data and individual income tax records, relatively little is known about the evolution of income and wealth distribution within China. We know little about how much different sectors or income classes have benefited from China’s growth, as well as the mechanisms driving the inequality trend.
Combining national accounts, survey, wealth and fiscal data, this proposed research project aims to address this gaps in literature by: i) providing consistent series on the accumulation and distribution of income and wealth in China in both national and provincial level over the period of 1978-2015, and ii) investigate the potential mechanisms driving the inequality trend. In particular, I will carefully examine three important yet understudied channels which drive the inequality trends in China and its neighboring emerging countries since 1978, namely; privatization, the rising capital share in total income, and the openness of economies to trade and foreign direct investment. This research project follows the literature concerning the long-run evolution of the distribution of income and wealth. In order to be able to compare findings for China with existing inequality studies for other countries, I will build a harmonized framework following the Distributional National Accounts (DINA) guidelines for analyzing aggregated national wealth and inequality.
Through four related studies, this proposed project will provide insights into a fundamental question - how can economic growth and inequality be reconciled? The answer for this question could then be used as a reference for any country searching for a better economic development model.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.1.3. - EXCELLENT SCIENCE - Marie Skłodowska-Curie Actions
MAIN PROGRAMME
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H2020-EU.1.3.2. - Nurturing excellence by means of cross-border and cross-sector mobility
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
MSCA-IF-EF-ST - Standard EF
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-MSCA-IF-2017
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
75014 Paris
France
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.